A gold-backed, distributed-vault financial system Jiang attributes to Chinese planning for a new Eurasian financial order.
Topic brief
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gold corridor
A gold-backed, distributed-vault financial system Jiang attributes to Chinese planning for a new Eurasian financial order.
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Key Notes
China's move toward gold as an alternative to U.S. treasuries and the petrodollar system.
Jiang says China's proposed gold corridor would use distributed gold vaults as the basis of a new financial system.
Jiang says the Iran war is primarily about maintaining the petrodollar because the dollar's credibility has been weakened by U.S. debt, frozen Russian assets, weaponized dollar access, treasury exits, BRICS alternatives, and China's gold corridor.
Timestamped Evidence
"...will be no one great power, right? China talks about the gold corridor, which is this blockchain -like gold -based financial system where gold..."
"...exodus from U.S. Treasuries. And right now, China is establishing the gold corridor. So BRICS is trying to create alternatives to the petrodollar. But..."
"...uh, well reacting to this? You mentioned before the China's it's gold corridor in terms of shifting more to yeah, gold instead of, uh,..."
Relevant Lectures And Readings
The interview begins with Iran and the petrodollar, but Jiang's answer keeps widening.
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